Freehold 21 Bedroom London Hotel
Location: United Kingdom -> London
Industry: Hotels and Holiday Accommodation > Hotels
Businesses for sale Summary
Freehold 21 Bedroom London Hotel For Sale. Ref.AC157. Location London N4. Asking Price ? 3,000,000. The business was established in 1995 and is within walking distance of the beautiful Victorian Finsbury Park and just 20 minutes outside the centre of London, this is a newly decorated hotel, which is a fantastic haven from the bustling city centre. The business offers a wide choice of single, twin, double and family rooms, they are simply decorated and the hotel affords excellent contact with all of London’s major sights, at low rates.
Financials
Asking Price Range: $5.0M – $10.0M
Gross Revenues: Seller Will Provide
Cash Flow: Seller Will Provide
Cash Flow Type: Sellers Discretionary Cash
Seller Financing: Not Disclosed
About The Business
Year Established: 1995
Number of Employees: 6 – 9
Relocatable: Not Disclosed
Franchise: Not Disclosed
Current Real Estate: Leased
Property: Property For Not Applicable
About The Sale
Management Training and Support: The current owner will provide all necessary training and handover to ensure a smooth transfer of the business to new owners.
Reason For Selling: The owner has reached the age where he wishes to retire and handover the running of this busy hotel to somebody with energy, enthusiasm and the focus to take it to its true potential.